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Forge Global Holdings, Inc. Reports Fourth Quarter and Fiscal Year 2024 Results

1. Forge reported 13% year-over-year growth and strong pipeline. 2. Marketplace revenues increased by 46% to $37.0 million.

Earnings
-17.96%Current Return
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-1.77%S&P 500
$0.815603/05 04:42 PM EDTEvent Start
$0.669103/06 11:26 PM EDTLatest Updated
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FAQ

Why Bullish?

The reported 13% growth and significant revenue increase may attract investor interest, reflecting positively on FRGE’s growth potential and market positioning.

How important is it?

Positive quarterly results with substantial revenue growth indicate strong business performance, likely influencing investor sentiment and stock price.

Why Short Term?

Strong quarterly performance typically impacts stock prices shortly after the announcement, especially in the growth phase.

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SPACIPO
SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced its financial results for the quarter and year ended December 31, 2024. "We closed out 2024 with 13% year-over-year growth and a strong pipeline,” said Forge CEO Kelly Rodriques. "Our year-over-year revenue improvement included a 46% increase in marketplace revenues, which grew to $37.0 million. As Q4 came in near-even to Q3, I'm happy t.

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